Despite reportedly incurring $54 million in debts, Elio Motors is determined to alter the course of US transportation when its revolutionary and groundbreaking three-wheel vehicle finally rolls out in the fourth quarter of this year.
It is very clear in the company’s mission statement that Elio Motors want to provide American motorists with a fun-to-drive, super economical personal transportation alternative that is affordable, safe, and environmentally-friendly.
Since opening reservations for the three-wheeler sometime last year, Elio Motors has received 57,279 to this date and it seems that the figure would increase further as the official unveiling of the Elio draws near.
The autocycle is a brainchild of Paul Elio, an automotive enthusiast himself, who sized up the prevailing status quo of personal transportation several years ago.
Elio saw the rising costs of the vehicles that Americans drive and also noted the fuel prices spike to record-highs almost daily. He also observed that Americans were struggling with the economy that was taking too much and giving back too little.
So he decided right there and then that the world, particularly the Americans, was ready for something new. The result of his forward thinking is the three-wheeled masterpiece, which is a reflection of automotive brilliance that bears his name.